CJ Gelatine net profit turns positive to Rs 14.1 lakh in Q1FY27

C.J. Gelatine Products Limited ( C.J. Gelatine Products Limited ) has reported a net profit of Rs 14.12 lakh for the quarter ended June 30, 2026 (Q1FY27), reversing the Rs 13.86 lakh loss posted in the same period last year. The company’s revenue from operations rose 26.2% year-on-year to Rs 1,064.66 lakh, compared to Rs 843.63 lakh in Q1FY26.

The Board of Directors approved the unaudited standalone integrated financial results on August 14, 2026. The results were reviewed by M/s S P A R K & Associates, Chartered Accountants LLP, the statutory auditor of the company.

Financial Performance

Revenue from operations increased from Rs 843.63 lakh in Q1FY26 to Rs 1,064.66 lakh in Q1FY27. Other income declined to Rs 0.97 lakh from Rs 2.68 lakh in the prior year quarter.

Metric	Q1FY27 (Unaudited)	Q1FY26 (Unaudited)	Change
Revenue from Operations	Rs 1,064.66 lakh	Rs 843.63 lakh	+26.2%
Other Income	Rs 0.97 lakh	Rs 2.68 lakh	-63.8%
Total Income	Rs 1,065.63 lakh	Rs 846.31 lakh	+25.9%
Profit Before Tax	Rs 12.32 lakh	Rs -15.53 lakh	Turnaround
Net Profit	Rs 14.12 lakh	Rs -13.86 lakh	202.3%

Profit before tax stood at Rs 12.32 lakh, compared to a loss of Rs 15.53 lakh in Q1FY26. The company recorded no current tax expense for the quarter, while deferred tax income was Rs 1.81 lakh.

Expense Analysis

Cost of materials consumed rose to Rs 849.44 lakh from Rs 785.95 lakh in the previous year quarter. However, changes in inventories provided a benefit of Rs 45.62 lakh, significantly lower than the Rs 157.37 lakh benefit seen in Q1FY26.

Finance costs increased to Rs 48.62 lakh from Rs 35.96 lakh in Q1FY26. Employee benefits expense remained relatively stable at Rs 139.16 lakh, compared to Rs 136.34 lakh in the prior period. Depreciation and amortization expenses were Rs 15.64 lakh.

What the Numbers Show

The company’s return to profitability was supported by a combination of revenue growth and favorable inventory adjustments. While finance costs rose by approximately 35% year-on-year, the decline in other income was offset by improved operational margins. The absence of current tax liability further contributed to the bottom-line improvement.

Corporate Actions

The Board also approved the notice for the 46th Annual General Meeting (AGM), scheduled for September 26, 2026, via video conferencing or other audio-visual means. The register of members and share transfer book will remain closed from September 19 to September 26, 2026.

Mr. Ketan Vyas, Proprietor of M/s Ketan Vyas & Company, has been appointed as the scrutinizer for the AGM voting process. The remote e-voting period will run from September 23 to September 25, 2026.

Additionally, the Board proposed revisions to the remuneration structure and term of office for Mrs. Jasneet Kaur, serving as Woman Executive Director. Details are included in the AGM notice.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.95%	+15.38%	-0.49%	+22.62%	+30.89%	+6.64%

C.J. Gelatine Products Limited reported a net profit of ₹20.85 lakh for the financial year ended March 31, 2026, an increase from ₹7.99 lakh in the previous year. The company's total income from operations for FY26 rose to ₹4209.92 lakh from ₹4128.77 lakh in FY25. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, in a meeting held on May 30, 2026.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹17.22 lakh, a significant rise from ₹4.71 lakh in the same quarter of the previous year. Total income from operations for Q4FY26 was ₹1135.71 lakh, compared to ₹1137.96 lakh in Q4FY25. The statutory auditor, M/s S P A R K & Associates, Chartered Accountants LLP, issued an unmodified opinion on the audited financial results.

Financial Performance

The company's expenses for FY26 totaled ₹4184.78 lakh, up from ₹4144.22 lakh in FY25. Key expense components included the cost of material consumed at ₹3368.75 lakh and employee benefits expense at ₹568.58 lakh. Finance costs for the year amounted to ₹141.78 lakh, while depreciation and amortization expenses were ₹61.09 lakh.

The profit before tax for FY26 was ₹29.46 lakh, compared to ₹19.15 lakh in the previous year. The company reported other comprehensive income of ₹9.56 lakh for the year, primarily representing actuarial gains based on an actuarial report.

Standalone Assets and Liabilities

As of March 31, 2026, the company's total assets stood at ₹3416.68 lakh, an increase from ₹3283.01 lakh in the previous year. Non-current assets included property, plant, and equipment valued at ₹550.77 lakh. Current assets were dominated by inventories, which amounted to ₹2269.19 lakh.

On the liabilities side, total equity and liabilities were ₹3416.68 lakh. Equity share capital remained constant at ₹481.33 lakh. Borrowings constituted a significant portion of liabilities, with non-current borrowings at ₹1348.97 lakh and current borrowings at ₹1015.15 lakh.

Cash Flow Statement

The net cash flow from operating activities for FY26 was negative at ₹87.93 lakh, compared to a positive inflow of ₹26.71 lakh in the previous year. The company generated ₹68.31 lakh from investing activities, primarily through proceeds from the sale of property, plant, and equipment. Financing activities resulted in a net inflow of ₹126.50 lakh, driven by proceeds from issuing debentures and bonds amounting to ₹268.28 lakh.

Cash and cash equivalents at the end of FY26 were ₹0.47 lakh, a decrease from ₹0.75 lakh at the end of FY25. The company's financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the Audit Committee prior to Board approval.